BTC - Breakout of Pattern
Yesterday we made this post analyzing our pennant formation.
https://www.tradingview.com/chart/BTCUSDT/1LmZu9jm-BTC-4H-pennant/
Today, we had the breakout followed by multiple retests of our orange trendline theoretically flipping that into a new level of support. So far, on the lower timeframes we have seen this level hold. If we continue the break higher our most important level is going to be a close on the 3D above 71.3k to confirm new BTC all time highs.
If this breakout does end up becoming a fakeout and reentering the pennant, then
65K becomes extremely likely.
https://www.tradingview.com/chart/BTCUSDT/1LmZu9jm-BTC-4H-pennant/
Today, we had the breakout followed by multiple retests of our orange trendline theoretically flipping that into a new level of support. So far, on the lower timeframes we have seen this level hold. If we continue the break higher our most important level is going to be a close on the 3D above 71.3k to confirm new BTC all time highs.
If this breakout does end up becoming a fakeout and reentering the pennant, then
65K becomes extremely likely. 
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.